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Forums > Music: Non-Prince > Bob Dylan sells his songwriting catalog to UMG
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Thread started 12/07/20 4:31am

rogifan

Bob Dylan sells his songwriting catalog to UMG

Wow. I wonder why artists are doing this? Being offered a ton of money and don't want to deal with maintaining ownership?


https://www.nytimes.com/2...shing.html

Paisley Park is in your heart
#PrinceForever 💜
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Reply #1 posted 12/07/20 6:41am

Milty2

I just read this too. It's kinda stunning. I mean, the financial legacy after he is gone would have benefitted his heirs (it's how I look at this type of thing) forever if it stayed with his estate. It's like putting property into a will. I wonder if Jakob Dylan is pissed.

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Reply #2 posted 12/07/20 6:50am

rogifan

I see a lot of people on social media making fun of it, calling Dylan a sell-out and taking bets on the first commercial to use his music.

Paisley Park is in your heart
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Reply #3 posted 12/07/20 7:06am

Milty2

rogifan said:

I see a lot of people on social media making fun of it, calling Dylan a sell-out and taking bets on the first commercial to use his music.

People do things for all kinds of reasons of which we will never know. I believe he's also been in a few commercials.

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Reply #4 posted 12/07/20 7:23am

Superstition

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Since he's the one who sold them, it was clearly done to his liking on his terms. Just because some artsits go to war with labels doesn't mean that every deal is a bad one to screw over the artist. Dylan, being the established artist and legend he is, probably didn't just hand over his songs for cash, its probably a fine-tuned deal.

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Reply #5 posted 12/07/20 8:01am

SantanaMaitrey
a

Milty2 said:



rogifan said:


I see a lot of people on social media making fun of it, calling Dylan a sell-out and taking bets on the first commercial to use his music.





People do things for all kinds of reasons of which we will never know. I believe he's also been in a few commercials.


https://youtu.be/eBq7SyGtG8Y
If you take any of this seriously, you're a bigger fool than I am.
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Reply #6 posted 12/07/20 8:46am

SoulAlive

Superstition said:

Since he's the one who sold them, it was clearly done to his liking on his terms. Just because some artsits go to war with labels doesn't mean that every deal is a bad one to screw over the artist. Dylan, being the established artist and legend he is, probably didn't just hand over his songs for cash, its probably a fine-tuned deal.



I agree.
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Reply #7 posted 12/07/20 12:52pm

Cinny

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I just heard Stevie Nicks sold most of her publishing (Welsh Witch Music) that goes all the way back to her Fleetwood Mac days, to Kobalt I think.

I am suprised considering the 2020 viral success of "Dreams", but maybe that made it a better deal for her.

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Reply #8 posted 12/07/20 12:56pm

looby

rogifan said:

I see a lot of people on social media making fun of it, calling Dylan a sell-out and taking bets on the first commercial to use his music.

Why are some people on social media so nasty and mean? They don't know why this man has made the decision to sell his catalog, but they just make accusations and then say ugly things about them and to them, without a second thought. That's why I despise social media, because it has really turned society evil.

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Reply #9 posted 12/07/20 12:57pm

Milty2

looby said:

rogifan said:

I see a lot of people on social media making fun of it, calling Dylan a sell-out and taking bets on the first commercial to use his music.

Why are some people on social media so nasty and mean? They don't know why this man has made the decision to sell his catalog, but they just make accusations and then say ugly things about them and to them, without a second thought. That's why I despise social media, because it has really turned society evil.

Co-sign a million times

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Reply #10 posted 12/07/20 2:27pm

peedub

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Milty2 said:

I mean, the financial legacy after he is gone would have benefitted his heirs (it's how I look at this type of thing) forever if it stayed with his estate. It's like putting property into a will.



an estimated $300 million should do the same just fine...
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Reply #11 posted 12/07/20 2:33pm

SoulAlive

peedub said:

Milty2 said:

I mean, the financial legacy after he is gone would have benefitted his heirs (it's how I look at this type of thing) forever if it stayed with his estate. It's like putting property into a will.

an estimated $300 million should do the same just fine...

nod

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Reply #12 posted 12/07/20 2:48pm

Milty2

peedub said:

Milty2 said:

I mean, the financial legacy after he is gone would have benefitted his heirs (it's how I look at this type of thing) forever if it stayed with his estate. It's like putting property into a will.

an estimated $300 million should do the same just fine...

True I get that but having control over your dad's legacy if you were awarded it is also a pretty important asset to have. No on really knows why Dylan sold and so....I dont know....whatever who cares.

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Reply #13 posted 12/07/20 7:32pm

Goddess4Real

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Superstition said:

Since he's the one who sold them, it was clearly done to his liking on his terms. Just because some artsits go to war with labels doesn't mean that every deal is a bad one to screw over the artist. Dylan, being the established artist and legend he is, probably didn't just hand over his songs for cash, its probably a fine-tuned deal.

yeahthat

Keep Calm & Listen To Prince
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Reply #14 posted 12/08/20 12:39am

SantanaMaitrey
a

https://amp.theguardian.c...h-business
More info in the article above. In this case, Dylan is totally different from Prince, who wanted to control everything.
If you take any of this seriously, you're a bigger fool than I am.
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Reply #15 posted 12/08/20 6:29am

jfenster

The future is so uncertain. Grab as much cash now while u can...
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Reply #16 posted 12/08/20 9:40am

Margot

Dylan seems to have good relations with his family from what I have read. Perhaps he talked it over with them and it was decided he would have more leverage to negotiate a good deal while he was alive. (He's 79)

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Reply #17 posted 12/08/20 1:46pm

purplethunder3
121

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Superstition said:

Since he's the one who sold them, it was clearly done to his liking on his terms. Just because some artsits go to war with labels doesn't mean that every deal is a bad one to screw over the artist. Dylan, being the established artist and legend he is, probably didn't just hand over his songs for cash, its probably a fine-tuned deal.

yeahthat

"Music gives a soul to the universe, wings to the mind, flight to the imagination and life to everything." --Plato

https://youtu.be/CVwv9LZMah0
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Reply #18 posted 12/09/20 12:47pm

SoulAlive

Margot said:

Dylan seems to have good relations with his family from what I have read. Perhaps he talked it over with them and it was decided he would have more leverage to negotiate a good deal while he was alive. (He's 79)

nod and perhaps he just wanted to simplify things......"here's my songs,and you give me $300 million" .....it's a fair exchange and both sides are happy.I see nothing wrong with a deal like this.

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Reply #19 posted 12/31/20 8:52am

Cinny

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jfenster said:

The future is so uncertain. Grab as much cash now while u can...

This comment scared the bejesus outta me eek sad

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Reply #20 posted 12/31/20 8:59am

lastdecember

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Cinny said:

jfenster said:

The future is so uncertain. Grab as much cash now while u can...

This comment scared the bejesus outta me eek sad

Well i mean at his age, I doubt even when live shows can resume on some level, he is not going to be out there traveling doing gigs, so that income is not happening, and wont be for a lot of artists who do big tours those days are gone. Radio Personality Eddie Trunk was saying big bands either have to sacrifiice the venue sizes and play much smaller places or deal with the fact that they might not be touring for a few more years. Because even if a bigger venue opens sometime in 2021 people are going to be weary about paying big money on a ticket and still be concerned about health they will just say is it worth seeing Billy Joel or u2 or Elton or the Foo Fighters at some big place with thousands of strangers or stay home. Oddly I think the next few years will be artists doing small shows and venues and maybe doing big pay per view streaming stuff to offset the losses. As for General Admission shows (which i hate anyway) those things are gone and not coming back in the new world.


"We went where our music was appreciated, and that was everywhere but the USA, we knew we had fans, but there is only so much of the world you can play at once" Magne F
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Reply #21 posted 12/31/20 9:21am

PatrickS77

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Milty2 said:

I just read this too. It's kinda stunning. I mean, the financial legacy after he is gone would have benefitted his heirs (it's how I look at this type of thing) forever if it stayed with his estate. It's like putting property into a will. I wonder if Jakob Dylan is pissed.

Why? First of all, his heirs have no claim on it. The songs are Bob's. Secondly, Dylan can't take the money with him. So the heirs will get whatever is left once he dies. It is reasonable to think that that will be enough.

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Reply #22 posted 12/31/20 9:25am

PatrickS77

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lastdecember said:

As for General Admission shows (which i hate anyway) those things are gone and not coming back in the new world.

Bullshit. Vaccines are coming. People who are scared get a vaccine. Others will go to shows.

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Reply #23 posted 12/31/20 9:36am

lastdecember

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PatrickS77 said:

lastdecember said:

As for General Admission shows (which i hate anyway) those things are gone and not coming back in the new world.

Bullshit. Vaccines are coming. People who are scared get a vaccine. Others will go to shows.


won't happen, thinking things are going to bounce back to a normalcy of the level it was before, it ain't happening.


"We went where our music was appreciated, and that was everywhere but the USA, we knew we had fans, but there is only so much of the world you can play at once" Magne F
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Reply #24 posted 12/31/20 9:41am

PatrickS77

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lastdecember said:

PatrickS77 said:

Bullshit. Vaccines are coming. People who are scared get a vaccine. Others will go to shows.


won't happen, thinking things are going to bounce back to a normalcy of the level it was before, it ain't happening.

We will see about that. I say it will.

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Reply #25 posted 12/31/20 1:33pm

Milty2

PatrickS77 said:

Milty2 said:

I just read this too. It's kinda stunning. I mean, the financial legacy after he is gone would have benefitted his heirs (it's how I look at this type of thing) forever if it stayed with his estate. It's like putting property into a will. I wonder if Jakob Dylan is pissed.

Why? First of all, his heirs have no claim on it. The songs are Bob's. Secondly, Dylan can't take the money with him. So the heirs will get whatever is left once he dies. It is reasonable to think that that will be enough.

I certainly did not say that his heirs (even if he deciedes to have heirs) have a cliam to anything. And I think that is the point - if he decides to have heirs.

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